18, TAILOR PLACE, HETHERSETT, NORWICH, NR9 3GE - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 TAILOR PLACE is a small detached house of 100m². It was last sold for £385,000 in October 2022, which was around 9% below the average October 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

18 TAILOR PLACE Sold Prices

Land registry data shows two sales for 18 TAILOR PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 18 TAILOR PLACE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 19 OCT	£385,000	£424,568	9% below HPI
2017 22 DEC	£279,995	£325,739	14% below HPI

18 TAILOR PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 18 TAILOR PLACE sales from December 2017 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 18 TAILOR PLACE?

18 TAILOR PLACE is 100m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 18 TAILOR PLACE lies on this distribution: 40% of detached houses are smaller than 18 TAILOR PLACE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

18 TAILOR PLACE: Plot and Title Map

18 TAILOR PLACE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 18 TAILOR PLACE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 18 TAILOR PLACE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 18 TAILOR PLACE?

18 TAILOR PLACE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 18 on TAILOR PLACE.